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#financialservices

5 posts5 participants0 posts today

Some banking facts for your weekend, make of them what you will:

in the last 10 years two thirds of UK bank branches have closed;

in 135 places Nationwide (with its current commitment to branch banking) is the only bank in the area.

Banking hubs (the sector's preferred solution to the closure of branches) currently serve around 150 towns/areas.

#banking #FinancialServices

h/t Clear Barrett (FT)

alojapan.com/1288643/japans-nt Japan’s NTT branch to acquire SBI Sumishin Net Bank in USD 5.1 billion deal #acquisition #DigitalBanking #FinancialServices #Japan #JapanNews #lending #news #OnlineBanking 
 A branch of Japan-based telecom company Nippon Telegraph & Telephone (NTT) has announced its plans to acquire SBI Sumishin Net Bank in a deal valued at USD 5.1 billion.  NTT Docomo, the wholly owned mobile-carrier subsidiary of NTT, stated its intention to roll…